1000 8Th AveFort Worth, TX 76104
- Retail space
- 4,080 SF
Property Details for 1000 8Th Ave
- Year built
- 2015
- Lot size
- 0.29 AC
- Property size (Sq ft)
- 4,080 SF
- Property type
- Retail space
- APN
- 9940--12R
- APU
- 994012R
Description
This exceptional two-story retail property, totaling 4,400 square feet, is situated on a 0.3-acre lot at 1000 8th Avenue in Fort Worth, Texas, zip code 76104. The building features a single structure with nineteen parking spaces, offering ample convenience for customers and employees. Currently configured for multiple tenants, one 2,320 square foot space is immediately available. Its location on the northwest quadrant of Rosedale and 8th Avenue provides outstanding visibility and accessibility. This prime location within the vibrant Near Southside/Medical District benefits from high foot traffic and strong neighboring businesses. These include well-known national chains such as Starbucks, CVS Pharmacy, Chipotle, Subway, and Firehouse Subs, as well as local favorites like Hurtado Barbecue, Hotel Revel, and Cheba Hut Toasted Subs. This property presents a unique opportunity for businesses seeking high visibility and a strong location within a thriving commercial district. The property's strategic placement ensures excellent exposure to a diverse customer base. The building's layout is adaptable to suit a variety of retail or office uses. This is an ideal investment for businesses looking to establish a presence in a high-demand area of Fort Worth.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,282,244
- 6.5%
- $1,183,610
- 7%
- $1,099,067
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,374,818
- Geo Method
- $3,078,208
-
Alternative Use
- Use
- Valuation
- Residential
- $998,420
- Hospitality
- $914,547
- Educational
- $760,892
- Medical
- $787,061
- Retail
- $1,183,610
Location Insight
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Latitude
- 32.7339
- Longitude
- -97.3441
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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